Changes coming for your Chase Sapphire Reserve Card

Changes coming for your Chase Sapphire Reserve Card

We’ve recommended the Chase Reserve Card to many of our friends and followers.  In fact, it’s our number one card for everyday spending.

However, today, you may want to check your email, Chase sent some changes coming to the Reserve Card.  Let’s take a look at them below.

 

 

This morning I woke up to an email from Chase in regards to my Chase Sapphire Reserve Card.  We’ve recommended this card to MANY friends and family and we’ve also compared it to our AmEx Plt Card, click here for the review.

There’s been some changes rumored coming to the card.  One of the hardest parts of keeping up with your cards is knowing the changes.  Below is a recap of what’s coming and to be aware of as it could affect your usage.

Let’s first start with the “positive” changes:

My Thoughts

Seeing how the worst value you can get for your points is redeeming for gift cards or other experiences, I couldn’t really care less about this.  Nothing here really excites me as “positive” because we don’t use our points for anything under these “enhanced” rewards.

Priority Pass Mobile

Now available, you can add your Priority Pass to your mobile wallet.  This is great, but catch up to AmEx.  Seeing how if you forget your priority pass card this can be a saving grace as most ALL PP locations now let you use your mobile pass.

Now Let’s take a look at the negative changes starting August 26th

 

Earning Rewards Points on Travel

• You will earn 3 points for each $1 spent after the first $300 is spent annually when your card is used for purchases in the travel category.
• You will no longer earn points on purchases that qualify for the $300 annual travel credit. Please see the Rewards Program Agreement for additional information.

My Thoughts

Seeing how we put thousands of dollars each month of our Chase Reserve card, this is a bit disappointing and making Chase look a bit cheap.  Sure, we get that $300 back in credit statements, however, we lose 900 UR Points.  Disappointed, yes, do I understand why they are doing it, somewhat.  Do I think it comes off as being cheap to save $9 (1¢ per point), YES!

Price Protection Benefits

• Price Protection will no longer be available with your Chase Sapphire Reserve card. Please see the Guide to Benefits for more information.

My Thoughts

I’ve only used this benefit once as we were remodeling our kitchen to get money back when the price dropped on our new stove.  According to Chase, not that many people are using the benefit, however, there have been reports of abuse as well.

Priority Pass Select Access

• Once the benefit is activated, primary Chase Sapphire Reserve cardholders and authorized users are granted complimentary access to the Priority Pass lounges and allowed a maximum of two guests per Priority Pass Select membership card.

• If you’d like to bring additional guests, your Chase Sapphire Reserve credit card account will be charged $27 per additional guest, per visit within three billing cycles.

My Thoughts

I may have people disagree with me on this one, but I’m thrilled about this change!  There have been reports of HUGE abuse with the lounges, people bringing in 50 “guests” at a time.  Remember, these lounges have capacity limits. So, seeing this change makes me very happy as we’ve been denied access to PP Lounges due to capacity limits.  It does blow if you are a family of 4, etc.  However, if you have an authorized user on your account, they should be able to enter on their own as you bring in yourself and 2 other family members.

It’s never good to have many negative changes to a credit card, however, some, I find to be understandable.
Did you know about these changes?

 

 

 

 

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